Agent of "1011 Insider Whale": Funds are starting to flow into the crypto market, and the short squeeze in precious metals has ended.

According to Odaily Planet Daily, Garrett Jin, an agent of "1011 Insider Whale," posted on the X platform that current market dynamics are as expected. The short squeeze on precious metals has ended, and funds are beginning to flow into the cryptocurrency market. He previously predicted that the rise in silver, palladium, and platinum was only a short-term squeeze and unsustainable. Once prices begin to reverse, they are likely to drag down gold prices as well. Market funds will shift from precious metals to Bitcoin and Ethereum. The correlation between ETH and the Nasdaq 100 index remains high. He also stated that the Nasdaq 100 index has now recovered the losses caused by those "negative news," suggesting that ETH may have bottomed out and rebounded.